Tech Funding News

🚀 IQM Quantum Computers is raising €200M+ in what could be one of Europe's biggest quantum computing rounds ever! This Finnish powerhouse proves that European quantum tech can compete with global giants. After their record-breaking €128M Series A2 in 2022, they're back for more! ➡️ Building Europe's fastest quantum processors ➡️ Own chip manufacturing facility producing up to 20 quantum computers yearly ➡️ Recently launched Europe's first 50-qubit quantum computer ➡️ Achieved 100-day autonomous operation milestone! 💪 What's next for quantum computing in Europe? Drop your thoughts below! Jan Goetz, Mikko Möttönen, Kuan Yen Tan, Juha Vartiainen World Fund, Tencent holdings, Tesi, Maki.vc, MIG Funds, OpenOcean #QuantumComputing #TechInnovation #EuropeanTech #DeepTech #FundingNews #Innovation #FutureOfTech #QuantumTechnology #StartupNews #TechInvestment

🏚️ London-based Tract, an AI-powered proptech startup, has officially ceased operations as of April 2025. Despite raising significant venture capital and developing AI tools for property development planning, the company struggled to establish a sustainable business model. 💰 Tract secured substantial early-stage funding: a pre-seed round co-led by Ada Ventures and Concept Ventures in 2024. An additional pre-seed round of £744,000 followed in. However, the company closed its doors after nearly two years without revenue. Read more: https://lnkd.in/dniTQjAJ #proptech #startups #ai #innovation #venturecapital #news #investment #artifcialintelligence #uktech #aiinnovation

🌍📈 Recent reports suggest that German AI translation leader DeepL is planning an IPO in 2026 or possibly even as early as 2025! 🏦💡 DeepL has grown into a $2B powerhouse, backed by top VC firms. In regards to IPO strategy, the company is monitoring market conditions to determine the best timing. 💬 Will DeepL’s IPO be the next big AI moment in public markets?https://lnkd.in/drF9AxY4 #ai #ipo #translation #technews #business #eutech #germany #innovation #germany

🚀 San Francisco-based fintech disruptor Plaid has completed a $575M secondary share sale, recalibrating its valuation to $6.1B, a shift from its $13.4B peak in 2021. 📉💰 But don’t mistake this for weakness, Plaid remains a fintech powerhouse. 🔹 Led by Franklin Templeton, Fidelity Investments, and BlackRock, the round saw support from existing investors like New Enterprise Associates (NEA) & Ribbit Capital. Plaid has no immediate IPO plans, but experts predict mid-to-late 2026 as a likely target. 🔗 Learn more: https://lnkd.in/d23xptDe Eric Hart Zachary Perret William Hockey Lindsey Huttrer Jimmy Hang Heather Staples #fintech #investment #ipo #finance #ustech #financialtechnology #valuation #secondarysale

🚀🔗 In a game-changing merger, xAI has acquired X (formerly Twitter) in a $33B all-stock deal, valuing xAI at $80B. Musk envisions deep AI-social media integration, leveraging data, models, computing, and talent to reshape the future. 💡 What’s next for AI-powered social media? Can it be the next WeChat? https://lnkd.in/d9GP7zCg Christian Szegedy Greg Yang Yuhuai(Tony) Wu #technews #news #startups #fundingnews #ai #artificialintelligence #socialmedia #innovation #investment #acquisition

💡✨ The European Commission has injected €15M into PhotonHub PHactory, accelerating the adoption and commercialisation of photonics. This is the tech behind lasers, sensors, and optical computing. 🔬⚡ This investment fuels deep-tech startups, SMEs, and researchers to turn light-based innovations into market-ready solutions. A game-changer for Europe's high-tech industry! 🇪🇺🔥 Read more: https://lnkd.in/eCwkzyY6 Hugo Thienpont Nathalie DEBAES #photonics #deeptech #innovation #eutech #funding #news #startups #fundingnews #techforgood #investment

🚀 European Commission injects €15M into PhotonHub PHACTORY - a virtual factory connecting 30+ competence centers across Europe. ➡️ Slashes development time from years to months ➡️ Projects €4.2B in SME revenues by 2028 ➡️ Cuts time-to-market by 40% ➡️ EU subsidies cover up to 85% of project costs 🎯 The initiative is already in action, training 10,000 engineers by 2028 with €50K scholarships available per professional! Want to know more? Check out the full story here: https://lnkd.in/eCwkzyY6 Hugo Thienpont Nathalie DEBAES VUB B-PHOT Brussels Photonics Vrije Universiteit Brussel #Photonics #EuropeanInnovation #DeepTech #TechFunding #Innovation #ResearchAndDevelopment #EuropeanCommission #STEM

💰🔗 Crypto liquidity provider Flowdesk has raised $102M ($91.8M equity + $10.2M debt), bringing total funding to $122M! 📈 Backed by HV Capital, Eurazeo, Cathay Innovation, ISAI, and BlackRock-managed funds, this investment fuels global expansion, scales derivatives operations & launches a crypto credit desk. 🌍⚡ More details here: https://lnkd.in/dtMGw6jd Guilhem Chaumont Paul BUGNOT Francois CLUZEAU Balthazar Giraux Alexander Joel-Carbonell Mårten Vading #cryptotrading #digitalassets #venturecapital #funding #news #startups #innoovation #fintech #france #eutech #investment

🤖💉 French startup Parallel (ex Kiosk Medical) has raised a $3.5M seed round led by Frst, with backing from Y Combinator, Bpifrance, Kima Ventures, Better Angle, and top angels. 🎯 This funding fuels team expansion, hospital deployments, and new AI-driven healthcare solutions, bringing efficiency to medical administration! Read more: https://lnkd.in/d7yRafAq Paul Lafforgue Thomas Sohet Pierre Entremont #ai #healthtech #automation #startups #funding #digitalhealth #medtech #innovation #futureofhealthcare

#Exclusive: 🚀 The Wild Ventures raises $750K to power impact-driven brands with AI! 🌍 This Swedish-led AI-powered house of impact brands secured funding from top operators & investors, including Alex Bouaziz (Deel), Jia Jih Chai (Rainforest), En Ming Ong (The Rocket Eyewear Company), Zenos Schmickrath (Hmlet Japan), Stefan Lindeberg (Creandum), Lassie founders, Thomas Ekman, Indra Sharma (Peak Capital), Janina Aarts, Parham Benisi, and Philippe Klintefelt Collet. Learn more about what Bjorn Bergstrom, co-founder of The Wild Ventures shared with TFN: https://lnkd.in/datbK-6c Arvid Lithander Shannon Cullum Malin Renström Janina Aarts #ai #impactinvesting #funding #ecommerce #brandbuilding #venturecapital #sustainability #innovation #news #vcfunding #sweden #nordicmade #eutech